Business is once again booming!

Late season deals drive the market forward

The failure of some of the nation's largest banks and a very volatile stock market had most of our once active buyers sitting on the sidelines for the month of September and a lot of October. As the election has neared however, many of those once active buyers have returned to the market with a host of new buyers to take advantage of end of the season deals on great Northern Michigan Properties. We just closed a very nice log home sale on The AuSable River and have four other offers in play on waterfront properties as I write this entry!!! Gas prices have fallen dramatically, the Dow is approaching 10,000 again and the election results should be in late tonight. That all adds up to more stability and more people having confidence to make long term financial decisions. If you've been considering the purchase of property up north, now is a terrific time to buy. It's also important to note that financing is readily available for anyone with solid credit and some down payment funds. I'm not sure where all the media reports have come from that, "no one will be able to get a loan," but we're just not seeing that to be accurate.